Most modern blast furnaces (BFs) operate with Pulverized Coal Injection (PCI), but renewable and carbon neutral biochar could be applied to reduce the fossil CO2 emission in the short term. In the present study, heat and mass balance-based model (MASMOD) is applied to evaluate the potential of biochar in partial and full replacement of injected pulverized coal (PC) in the ironmaking BF. The impact of biochar injection on the raceway adiabatic flame temperature (RAFT) and top gas temperature (TGT) is evaluated. Three grades of biochar, produced from the pyrolysis of sawdust, were evaluated in this study. The total carbon content was 79.2%, 93.4% and 89.2% in biochar 1, 2 and 3, respectively, while it was 81.6% in the reference PC. For each type of biochar, 6 cases were designed at different injection levels from 30 kg/tHM up to 143 kg/tHM, which represent 100% replacement of PC in the applied case, while the top charged coke is fixed in all cases as reference. The oxygen enrichment, RAFT, and TGT are fixed for certain cases, and have been calculated by MASMOD in other cases to identify the optimum level of biochar injection. The MASMOD calculation showed that as the injection rate of biochar 1 and biochar 2 increased, the RAFT increased by ~190 °C, while TGT decreased by ~45 °C at 100% replacement of PC with biochar. By optimizing the moisture content of biochar and the oxygen enrichment in the blast, it is possible to reach 100% replacement of PC without much affecting the RAFT and TGT. Biochar 3 was able to replace 100% of PC without deteriorating the RAFT or TGT.